Comment by consumer451
3 months ago
My main thought was "how bad is Softbank at their job to have only been in on NVDA for such a paltry sum?"
Really living up their reputation? Or, am I way off-base here? I am just an outside observer and I would love to be educated.
Did it makes sense for Softbank to be in so little on the company "selling shovels" to all their "gold mining" investments?
Or, how down bad is Softbank that it needs to sell its NVDA stake to raise $6B?
Someone needs to put this guy/team in an asylum, for the betterment of the country of Japan.
Microsoft (which has >50B into OpenAI)->Anthropic for biz use cases
Softbank->OpenAI. Yet again, the dumbest money ever?
There are many, far worse Softbank fails. How does this keep happening? Who is advising this team?
I am available. 80% sure that I could do better. I just genuinely hate to see capital being destroyed like this.